ETF Versus

PDBC vs TAN

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF vs Invesco Solar ETF

Last updated: 2026-04-02

PDBC Invesco

Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is an exchange-traded fund issued by Invesco that provides exposure to broad commodities securities. It charges a high expense ratio of 0.59%. The fund offers an attractive dividend yield of 2.93%. Launched in 2014, the fund has a 12-year track record.

AUM: $5.0B ER: 0.59% Yield: 2.93% Since: 2014-11-07
TAN Invesco

Invesco Solar ETF (TAN) is an exchange-traded fund issued by Invesco that provides exposure to thematic - clean energy securities. It charges a high expense ratio of 0.69%. Launched in 2008, the fund has a 18-year track record.

AUM: N/A ER: 0.69% Yield: N/A Since: 2008-04-15

Quick Verdict

PDBC is significantly cheaper at 0.59% vs 0.69% expense ratio, saving you approximately $189 per $10,000 invested over 10 years. Over the past year, TAN has significantly outperformed with a 78.8% return vs 26.4%.

Key Metrics

Metric PDBC TAN
Expense Ratio 0.59% 0.69%
Dividend Yield 2.9% N/A
Fund Family Invesco Invesco
Category Broad Commodities Thematic - Clean Energy

Performance Chart

Indexed to 100 at start (5-year comparison)

25 47 69 91 113 135 2021-04 2022-06 2023-10 2024-12 2026-04
PDBC +0.6%
TAN -37.0%

Performance Comparison

Period PDBC TAN Difference
1 Month +12.55% +2.04% +10.51%
3 Months +30.69% +7.71% +22.98%
6 Months +28.65% +20.20% +8.45%
YTD +30.69% +7.71% +22.98%
1 Year +26.40% +78.83% -52.43%
3 Years +20.02% -27.21% +47.23%
5 Years +0.55% -36.96% +37.51%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period PDBC Fees TAN Fees You Save
$10,000 10 years $1,151 $1,340 $189
$10,000 20 years $4,837 $5,608 $771
$10,000 30 years $15,249 $17,602 $2,353
$50,000 10 years $5,754 $6,702 $947
$50,000 30 years $76,247 $88,011 $11,764
$100,000 30 years $152,494 $176,021 $23,527

Risk Metrics

Based on 5 years of daily returns

Metric PDBC TAN
Annualized Volatility 23.8% 39.8%
Max Drawdown -46.2% -74.1%
Sharpe Ratio -0.06 -0.15

Dividend Comparison

Metric PDBC TAN
Annual Dividend (per share) $0.51 $0.00
Dividend Yield 2.93% 0.00%
Distribution Frequency Semi-Annual or Annual None

Top Holdings

PDBC Top Holdings

NameWeight
Invesco Premier U.S. Government Money Portfolio7583.94%
Invesco Liquidity Funds PLC, Invesco US Dollar Liquidity Portfolio1764.83%
N/A39.28%

Which One Should You Choose?

Choose PDBC if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose TAN if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

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